Whether the middle schoolers in your life are educated at home or elsewhere, the best way to introduce the economics of Liberty is Whatever Happened to Penny Candy?
This is the book that introduced me – at age 38 – to Austrian Economics. I read the book after my homeschooling wife bought it as an economics text for my oldest son. Penny Candy shook my neoclassical background to the core — in an evening nonetheless.
After reading the book, I searched the internet for “Austrian School of Economics” and found Mises.org.
The book is a great introduction to the free market for middleschoolers. It will also benefit students in high school and college, as well as any adult who hasn’t shed the statist influences of public education.
A truly excellent book!
Buy it for your children. And buy an extra copy or two to give to your friends.



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My ten-year-old read this book last year as part of his fourth grade home school curriculum. He loved it, especially the exploits of Ludwig Erhard and the “German Miracle” that followed his relaxing of economic regulations after World War II.
I first read this book when I was twelve or thirteen, at least five years ago. I didn’t “discover” the Mises institute until nearly a year ago, but Uncle Eric paved the way. I highly recommend!
-Josh
I must be smarter than you, Jim. Wasn’t but 36 when I discovered Mises (in the bibliography of Harry Browne’s first book, shown me by a friend)–back in 1972.
I would love to purchase this book for my kids, but does it actually cost $32 (discounted)?
Good post. I have been looking for a good economic intro text for my kids. For those of your concerned about the cost, you can find a copy of this book for under $20 at Alibris.com
$14.95 at amazon
$14.95 at amazon
Richard Maybury’s books inspired not only my blog handle, but also my return to academics, and my current position as a Ph.D. student in Economics at George Mason University.
Nathanael Snow
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